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Noticias de GRBK
Eventos de GRBK
Green Brick Partners Appoints Jed Dolson as Co-CEO
The Green Brick Partners' Board of Directors announced that as part of its long-term succession planning process, Jed Dolson, Chief Operating Officer, COO, and President, will be promoted to Co-Chief Executive Officer, co-CEO, on October 15, 2026. Dolson joined Green Brick Partners in 2013 as the Head of Land Acquisition and Development.
Q2 Revenue Reaches $493.84M, Beating Consensus
Reports Q2 revenue $493.84M, consensus $473.3M. Reports acklog of 681 homes with a dollar value of $387M and new home deliveries of 1,047. Net new home orders increased 19% year over year to 1,079 units.
Jim Brickman: First Sales in Houston Market
Jim Brickman, CEO and co-founder said, "The new home market remains challenging as mortgage rates increased during the quarter and consumer confidence remains challenged for many of our consumers. We achieved strong results in Q1 despite these continuing headwinds, which we believe is a testament to our disciplined approach to managing incentives and price to maintain sales pace. We also are pleased to announce the milestone of our first sales in the Houston market."
Company Reports Q4 Revenue of $552.61M, Exceeding Expectations
Reports Q4 revenue $552.61M, consensus $477.5M. Jim Brickman, CEO and co-founder said, "We delivered strong fourth quarter results despite ongoing affordability challenges faced by many buyers and softening consumer confidence. In our pursuit to maximize shareholder value, our management team's continued focus and operating discipline once again resulted in peer-leading gross margins and top-tier returns, including achieving the best year in company history with regards to new home deliveries and home closings revenue. I would like to thank our team for their dedication and efforts that helped us reach these milestones in a year in which homebuilders faced significant headwinds."
BTIG Analyst Initiates Neutral Rating on Green Brick with 41K Land Bank
BTIG analyst Ryan Gilbert initiated coverage of Green Brick with a Neutral rating. The company's long-land strategy contributes to coverage-leading margins, significant investments into its owned land bank, and controlled count now at 41K, the analyst tells investors in a research note. BTIG adds that it expects margins to drift downwards in 2026 and 2027, but the firm believes the land bank should support leading margins on an absolute basis for some time.
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